Metals Market

Aug. 22 ($ / troy oz.)

SPDR Gold Shares (GLD ETF)

-0.24
decrease
116.83

IShares Silver Trust (SLV ETF)

0.00
no change
15.57

Free Analysis: Gold, Silver, Crude Oil, Bitcoin, Stocks & Forex

Below you will find some of our daily trading alerts and our other free analyses on the following markets: gold and silver, forex, stocks, bitcoin, crude oil, and on the economy in general. If you'd like to be notified about new free articles, please take a few seconds to sign up for our free mailing list today.

S&P 500 index lost 0.1% on Wednesday, as investors took some short-term profits off the table following recent rally. Is this a topping pattern or just relatively flat correction before another leg up?

The precious metals sector moved higher in the first days of this year, but based on yesterday’s decline and the current price levels, 2018 is already a down year for silver and mining stocks. Gold is almost flat. This is a subtle clue that the rally may have already ran its course. The confirmation comes from what happened yesterday. Miners continued their decline, invalidating the previous breakout, while gold finally joined the rest of the sector and started its own decline as well. Is the rally indeed over?

On Friday, oil bulls pushed crude oil only 14 cents above the opening price, which showed their weakness. As a result, their opponents came back and took control, taking the price of black gold below $61.50. Thanks to these circumstances, light crude lost 0.92%, but is this the end of declines?

Time is more important than price. That’s what we – investors – are often made to believe regarding the future price movement. And rightfully so. The price could reach a bottom several dollars ahead of the predicted price target or it could break through it, leaving investors wondering, if there was a breakdown and thus they should expect to see another big downswing shortly. With time, things are clearer. The time for a given move is up and the price reverses. When is gold likely to finally bottom?

S&P 500 index gained 0.4% on Thursday, as it continued its short-term uptrend following Wednesday's breakout above recent consolidation. Will uptrend accelerate after today's monthly jobs data release? Or is the broad stock market market going to retrace some of its record-setting rally?

How can we summarize the last year in the gold market from the perspective of its fundamentals? We invite you to read our today’s article and learn more about the biggest drivers of the gold price in 2017. This analysis should help investors better understand the gold market, and draw investment conclusions for the new year.

Gold moved visibly higher during the first session of the year and this time mining stocks accompanied it. In fact, it seems that they are back on the track after a short pause. What’s the likely reason behind this year’s rally and what does it imply going forward?

The gold volatility index moved to a new all-time low and there was no meaningful action in gold recently. Well, we profited on the decline and on the following upswing, but the price action that we saw was nothing to call home about. For months, gold has been moving around the $1,300 level and it’s trading relatively close to it also today. But, will this action persist for much longer? Not likely. It seems that something is about to hit the fan.

Feb Market Overview

In this edition of the Market Overview, we will examine what the Great Unwind implies for the U.S. dollar and gold. The tightening of monetary policy and higher interest rates could be negative for gold, but more hawkish BoJ and ECB would mean narrower divergence in monetary policies between the Fed and other major central banks.We will answer the question of why the American currency has been falling like a stone recently, despite the Fed’s tightening cycle. We will also explore the historical bull and bear cycles in both gold and the U.S. dollar, as trend in this currency is likely to be the vital driver in the gold market in 2018.